NCJAR News
All CE MUST be completed by APRIL 30, 2025 to avoid the fine imposed by the NJREC.
The New Jersey Real Estate Commission (NJREC) has specific Continuing Education (CE) requirements for all licensees during the licensing period from July 1, 2023, to June 30, 2025. Here's everything you need to know:
Total CE Hours Required
All licensees MUST complete a total of 12 credit hours of Continuing Education (CE) within this period. However, if you became a salesperson licensee after July 1, 2024, you are exempt from CE requirements for this cycle. You will start your CE in the next cycle.
Breakdown of CE Requirements
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Fair Housing and New Jersey Law Against Discrimination: 1 Hour
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Ethics: 2 Hours
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Core Topics: 3 Hours
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Mix or Electives: 6 Hours
Key Points to Remember
The Real Estate Consumer Protection Enhancement Act (CPEA) went into effect on August 1, 2024. This new law includes several important provisions that you need to be aware of, such as mandatory seller's property condition disclosure statements, the introduction of designated agency, required brokerage services agreements, open house signage requirements, and new continuing education (CE) requirements. Please take the time to review the following links and do not hesitate to contact us with any questions or concerns.
Videos to Watch
2024 Broker Briefing Panel Discussion
Prepare for NJ Licensing Law Changes
Education
August 6 (9:30am-12:30pm) Virtual Understanding Agency & Disclosure
August 14 & 15 (9:00am-4:00pm) FREE ABR Two Day Course
August 19 (9:30am-12:30pm) Virtual Understanding Agency & Disclosure
Self-Paced AAA: All About Agency (Core)
Updated Forms
We are pleased to announce a valuable new resource available to our members, courtesy of NJ Realtors®. A comprehensive webpage dedicated to the Real Estate Consumer Protection Enhancement Act has been launched, providing essential information and tools to navigate the upcoming changes in our industry.
What Should I Know?
The Real Estate Consumer Protection Enhancement Act, effective August 1, introduces significant enhancements to consumer protection and transparency in real estate transactions.
Key features of the act include:
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Brokerage Services Agreements: Now required to establish clear terms between brokers and clients.
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Seller's Property Condition Disclosure Statement: Mandates a thorough disclosure from sellers about the property's condition.
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Designated Agency: New regulations are in place to clarify the roles and responsibilities in designated agency scenarios.
Stay Compliant, Stay Professional
As a REALTOR®, upholding the highest standards of professionalism and ethical conduct is paramount. The National Association of REALTORS® (NAR) mandates that all REALTORS® complete 2 hours and 30 minutes of ethics training every three years. Don’t risk your membership—fulfill your Code of Ethics requirements with ease through NCJAR.
At NCJAR, we offer flexible and convenient training options to help you meet your requirements...
